#quants-n-traders

1 messages · Page 32 of 1

fast gazelle
#

maybe the strat is to not grind in high school, get good enough grades to get into a t50 school, and use all your stamina to grind in college

#

idk radix or something

#

you just have to save your stamina

#

so you don't burn out in hs

#

nah quant needs some grinding lol

#

faang is just leetcode monkey

#

yea true

#

but you actually have to understand stuff

#

which is a high bar lol

#

honestly i wish i knew ways to take bc earlier in high school

opaque sable
#

i’ve asked this elsewhere before but what do ppl recommend for learning c++, i know the syntax and that’s about it. starting c++ role at my firm in september and don’t wanna embarrass myself

fast gazelle
#

i took in junior year but that was pretty standard

#

but some took in middle school

fast gazelle
#

i had huge senioritis with senior year all online

wide ridge
#

what is hypsm

fast gazelle
#

harvard yale princeston stanford mit

#

ngmi = nvidia google microsoft intel

scenic bison
#

🔥🔥

opaque sable
fast gazelle
#

22 too old

opaque sable
#

Have to go relearn how to read now

scenic bison
#

Is faang+ good outcome for t100

fast gazelle
#

need to be cracked at 19 or ngmi

#

is that related to bel vita

scenic bison
#

@robust totem am I doomed

wide ridge
#

whats the endgame in quant? making ur own hft systems? like in faang its to have sucessful startup exits or vc

scenic bison
#

Retirement

wide ridge
#

coding jesus ?

scenic bison
#

💀

#

What firm is he at again

wide ridge
#

some prop

robust totem
#

@scenic bison am I doomed

fast gazelle
#

start market maker that exclusively uses scala

wintry tendon
#

unironically the best exit from gs tmt

broken thorn
#

goblin barrel/miner off screen?

winged aurora
scenic bison
winged aurora
#

i think he shared a offer from imc he shld be there

acoustic sandal
#

good morning EST folks

dry sequoia
#

you're starting your internship?

lost current
#

하버드

long raft
#

Stanley Morgan 🥸

odd spear
#

how good is p72/cubist and GTS? In comparison to like IMC and akuna

quasi orbit
autumn badger
#

I feel like Point72 would be the most different

#

Imc are 5r are probably the most successful

#

But I know nothing about gts

fast mountain
autumn badger
#

Dmm is more of a vestige

#

I just never hear the name come up

#

System.out.println

fast mountain
autumn badger
#

My understanding is it meant more when trading was manual

fast mountain
#

no what? I think they are responsible for a significant portion of liq on nyse

quasi orbit
#

i know someone who was at gts

autumn badger
#

Eg nasdaq had no single dmm

quasi orbit
#

only thing i know about it is the pay kinda sucked tho

fast mountain
autumn badger
#

GTS accounts for 3-5 percent of daily cash equities volume in the United States,

#

Per google

#

In March 2023

quasi orbit
#

they dont pay super well tho

autumn badger
#

Yeah I’ve never heard of someone leaving for gts

#

Or people going to gts

#

But I could be out of the loop

fast mountain
#

Small setup
They only did senior hires until v recently I think

tulip sapphire
#

huh what lang is ur intro data structures class in

tulip sapphire
#

can u give me an example question

tulip sapphire
#

Ik, I’m planning to show how simple any question that they would ask is

fast gazelle
#

you’re getting js and hrt next year

neat junco
#

and might depend on the team

#

if it's one of the core equity related market making teams it would pay very well

#

also the salary posted online is not accurate

#

at least not a general case

quasi orbit
#

I mean ik a guy who was there this spring and he said it wasn’t great

quasi orbit
#

Yeah fair

#

I mean that’s what happens to pod quants right

neat junco
#

when i interviewed at gts they asked me lots of c++, os, algo and a bit of math

#

almost no java

#

and for p72/cubist i think variation among teams could be larger

neat junco
#

yes

winged aurora
#

cubist did ask me java stuff like the heap memory model

#

New gen s1 s2 old genn etc

#

but I think just so happens the interviewer knows java

sullen falcon
winged aurora
#

I think it's also feasible to start off as a qr in a smaller company like square point and just jump ship

#

it's a lot easier to switch like this so long u r in the field

#

usually the requirements aint as high for these firms, so just solid dev background, some basic finance knowledge, some stats and probs, some ml

#

yea but not well known for tech

#

they don't focus much on hft so I guess not necessary to hv the latest and greatest

#

they only just started out doing data pipelines a few years back from scratch

#

but my exp with them for QR was mainly dev focused

#

they didn't rely ask advanced financial knowledge etc

wintry hinge
#

Yo for PM

#

They don’t do leetcode Though right

winged aurora
#

nope but I got into final round then the HM refer me to their tech department instead LMAO

wintry hinge
#

It’s a different interview process instead right?

#

I lowkey don’t even know how to review for a PM

winged aurora
#

yea for the qr first round was just leetcode then there was a round on stats and probs and financial knowledge like how to combine diff portfolio tgt

wintry hinge
#

That shit seems mad different

winged aurora
#

then there was another round of like mini code review

#

with senior QR

#

then final round with HM

#

talke about ml

#

Asia lol

#

junior quant researcher

#

yea

#

it don't matter

#

the senior qr told me he's mainly doing data dev

#

LMAO

#

like data storage

#

then other times he's doing research and ops

#

but mainly dev

#

yea so I feel like primary req is still good swe background

#

their coding questions were hard

quasi orbit
#

5 rings asked this and this question made me wanna bash my head

winged aurora
#

harder than tech

quasi orbit
#

A wooden stick with a length of 1 was randomly broken, find the expected length of the shorter one

#

yea i saw this at cit and jump

winged aurora
#

their hr is thrash

#

I talked to a friend who got return offer

#

he told me the hr shld hv referred my application to tech directly but ended up I went through the rounds to be referred in the end

winged aurora
#

late last year or early this year, I just grad

fast gazelle
#

matlab better

neat junco
winged aurora
#

if by PM u mean portfolio manager i didnt interview with any PMs

neat junco
#

ah okay ic

neat junco
#

i think it's harvard

broken thorn
#

write universal search and then say you solved p np problem

lost current
#

Might have to be burger flipping at this rate

median kettle
#

does anyone have a breakdown of the most profitable trading firms/HFTs? i recall seeing an infographic on this but cant find anything

tough sand
#

OS, networks and maybe minimal comp architecture

winged aurora
#

having targetted projects will be quite good

#

or contributing to open source projs

#

personally i go for projects

neat junco
#

open sourcing would be a great addon imo

#

in the end i think at hft your skills and learning abilities >> YoE

winged aurora
#

yea agree, its just harder for fresh grads to stand out cuz theres so many applicants

neat junco
#

yeah but imo usually if you have great tech internship it helps a lot

#

unicorn+flag level

neat junco
#

flag=fb+linkedin+apple+google or similar level top big techs

#

unicorn=top pre-ipo startups

#

unicorns tend to have very modern tech stacks and high engineering hiring bar

#

and comprehensive exposure to lots of tech stacks

sullen falcon
zenith panther
#

maga

neat junco
lost current
#

it's only rope or no rope

neat junco
#

anyways i mean the skills/learning abilities are the most important factors

broken thorn
#

assfungal

sullen falcon
#

or just BS advice like college prestige doesnt matter

#

like doesnt ur first NG largely define ur career

neat junco
sullen falcon
#

or bar you from going into some niche areas that want you in there from day 1 eg quant

lost current
neat junco
#

it's definitely fine if you have some other understanding

neat junco
sullen falcon
#

bruv

odd spear
#

Do you how to prep for quant dev positions? Recruiter said they will ask math and leetcode (how to prep for math..?)

tough sand
odd spear
#

dmed

tulip sapphire
#

AUM (which is probs what you saw) isnt always the best metric but ig it's a good proxy

tulip sapphire
tulip sapphire
#

Who pinged

silent venture
junior lance
#

What is wrong with certs?

sullen falcon
#

how is this funny

winged aurora
#

aws make shit so complicated that it takes a cert to know how to use it

#

we are rewarding bad design

rare rock
#

what about azure

sick bolt
#

for dev? which companies? asking cause I've never heard aws cloud mentioned as a skill that would be helpful before

dire summit
#

I need ideas for C++ projects? Where can I find inspo?

neat junco
#

Too much latency for doing network and rpc

ocean gazelle
#

lots of firms also use cloud computing for other reasons, like running low-frequency strategies or running research tools

quasi orbit
#

hft dont use aws im p sure

ocean gazelle
#

except for certain crypto exchanges which use aws themselves, so then crypto hfts try to colo via aws

#

ik huobi has that

sullen falcon
quasi orbit
#

what

scenic bison
#

what

neat junco
#

they majorly do equities mm stuff

sullen falcon
#

since mm isnt really high frequency

#

ie they use ocaml

lost current
final garden
#

Hell even I use a cloud hosting service

#

Not something as complex as AWS but Ive used Linode

#

Linode is awesome

uneven crow
#

Anyone have tips on prepping for the js phone for SWE?

ocean gazelle
#

using ocaml doesn’t mean your strats can’t be hft

#

they do mm, meaning they have to have some sort of latency goal

#

you can modify things

#

for example, 2s uses Java and Scala for their strategies (granted they’re not hardcore hft exclusive) by stripping away the gc and exceptions and more shit

#

oh I wasn’t responding to ur msg ur right abt that

#

24 internship interviews at js already or ft?

uneven crow
#

yeah internship

ocean gazelle
#

oh yea I forgot they ran SWE off season

uneven crow
#

w24

#

Is there a particular style of question I should focus prep on

sullen falcon
#

and HFTs aren't a subset of prop shops

winged aurora
#

do u guys think it would be hard to pivot back into the tech industry if u started out at trading firm

#

in a sense the tech stack at trading firms are quite specialised, even when it comes to languages and tools

fast gazelle
#

well the tech stack at most big tech companies is also very specialized and mostly internal tools

sullen falcon
#

You will likely know people with links to big tech anyway

#

So you'll be able to interview anywhere you want after a few years i reckon

frigid zealot
#

Is Martin Thompson famous in HFT?

tulip sapphire
#

Sure

ocean gazelle
#

4blue0brown

tulip sapphire
#

anyone here interview for XTX markets? was wondering if i could DM a question abt the process 🙂

empty topaz
#

For the video, waste of time for the companies bro a single new grad swe isn't worth the effort to jump thru all these hoops

empty topaz
#

Idk you think he's more qualified or less qualified than the standard new grad hire? Looks good but not crazy Einstein single-handedly invent next atom bomb type impact

#

Oh I meant to the video of the 14 year old my b

#

Companies be ignoring child labor laws but can't ignore my green card status

dry plinth
#

Yeah, it's mostly parenting

#

So many kids are capable of this, but most parents know that childhood social development is more important than algebra in 2nd grade

fast gazelle
#

he'll be a senior swe at 18 lol

#

but starting corporate life at 14 is so rope

#

when you don't even have to

fast gazelle
#

bachelors at 14 -> phd at 19 -> amazon data scientist

frigid zealot
#

Will working at a hft startup as a software intern increases chances of breaking into quants full time?

wet wing
#

have anyone of u interned at faang before?

frigid zealot
#

sure! feel free to dm

broken thorn
#

whats the intuition for the probability being z^2?

#

wait

#

i get it nvm

#

independently calculating odds of two variables, so for n IID random variables it would be z^n

opaque sable
#

all that work to do crud for elon

glossy sparrow
#

does anyone know when citadel posts new grad roles for swe for 2024

tulip sapphire
#

intern is always easier and better, especially given your resume

glossy sparrow
#

I know I was wondering like when they post

#

oh my b

tulip sapphire
#

i would say you are better for QT looking at your resume

#

research is more relevant for QR, for QT it's not needed

#

haha you'll always feel like that

#

i think you will be fine given your bg

#

you can grind once you get an interview

#

it's not like you wouldnt need to grind for QD anyways 😛

#

i would rm co-founder

#

no i would rm that experience entirely

#

you dont want them to think you have sth on teh side to distract you and it's not like ur 4 person thing is imprressive, it's j -ev

#

also it's no longer maintained

#

so like you should have more recent suff

#

stuff

#

i also dont think that your minority stuff is super relevant for trading, i feel like that space can be better utilized to say what you did, instead of just who was involved

#

finally, your tools and langs line only takes up half a line and you right-center it, so maybe add more stuff

#

also pedantic but dont say C/C++

#

that tells me you dont know C++

#

yeah one of these were relevant in a headlands interview i hd the other day lol

#

i think your space utilization is very off

lost current
#

if u like math more def go qt, quant dev is more low latency systems than actual trading

tulip sapphire
#

idk the diff between concentration and minor but surely those can be put on one line

#

even if ur tryna emphasize that they are different

lost current
#

i mean can't u apply for both?

tulip sapphire
#

I don’t think what you have is enough tbh (i have interviewed with many LL shops and got offers)

#

i think you should focus on QT but if you get rejected then go for QD

#

i think many places onnly allow 1 pos at a time

lost current
tulip sapphire
#

QT screens arent as bad as QD

tulip sapphire
#

unless it's some a weird firm doing a one-off thing

#

if that did happen, im curious to know which firm lol

lost current
tulip sapphire
#

o do u mind DMing which firms

#

I don’t think ive applied there

lost current
#

ya

tulip sapphire
#

cuz ive always been told to only go with 1 process at a time haha

opaque sable
#

do u guys remember trameski8

#

is he a troll

#

been asking me some dumb ass questions in dms

#

Flippant is a generous way to describe it, feels like I’m dealing with a kid but i didn’t wanna be an ass to him in case he actually was

#

Dunno how strict rules are so gna edit that lol

coarse blaze
opal kelp
#

Any good OS books that are practical/lab-focused?

#

I.E Plenty of exercises, projects etc

scenic bison
#

psa for quant channel, if you get dms from him, block him

scenic bison
#

He will spam@

#

And can be toxic

coarse blaze
scenic bison
scenic bison
#

yeah thats how it starts

odd spear
#

how do u prepare for math part of quant interviews? Mainly probability ig?

#

anyone interviewed for cubist before?

winged aurora
#

depends on what quant role theres also math for financial knowledge

#

like the diff ratios, how to combine them across portfolio, how to interpret them etc

#

so not just purely math math

tulip sapphire
#

Or do you mean sortino?

winged aurora
#

sharpe, sortino, calmar etc, the basic ones

#

information ratio never been asked before

#

also things like skews of returns

#

i had projects on systematic trading, so they asked in detail on my backtesting stats and how i tested it

#

the various costs involved

#

similar experience between QT and a QA

#

oh and basic things like interest rate and its effect on prices of diff products

winged aurora
#

in school

#

and theres a lot of resources and similar projects on github

#

its not as diffcult as a fullstack swe its just a diff domain knowledge and coding them out in python, kind of like a data science proj tbh

jaunty escarp
#

anyone has web scraping experience here?

rose holly
#

@fast gazelle does

mystic coyote
#

What’s de shaw min gpa? Got reached out to by a head hunter, after sending resume homie cancelled our call. I have a 3.75 from a t5 cs

mystic coyote
quasi orbit
#

idt gpa matters that much

#

maybe its smth else

mystic coyote
#

All my exp was mle, not swe. But he reached out for ml shit at de shaw

#

So idk

rose holly
#

Ur gpa isn’t 4.0 💀

mystic coyote
#

1 top tier conference pub. Thought my resume was great except gpa ngl

mystic coyote
#

Oh i should have mentioned. Mans said ur gpa doesnt meet the min required by de shaw

#

Tht why i curious what their cutoff is

#

Wait. We had a call scheduled but he cancelled our call bc of gpa

#

So ig tht means i won’t get to interview w shaw?

lost current
#

for swe

mystic coyote
#

Shade - after reviewing your resume just quickly I noticed that you GPA doesn't quite hit the mark for the minimum DE Shaw have requested i'm sorry but our call will no longer be necessary.

I wish you all the best in your job search and hope you find a great role, i hope to be able to work again in a year or so and get you transitioned into the quant space.

Headhunter

#

Yeye

#

Oh ok lmfao

#

Oh wtf. Yea im new to this space. Wasnt even interested in hft too much but hav a couple friends qr/swe

#

Field seems p interesting tho, but i’ve heard sm horror stories

thorn wyvern
#

I doubt you’ll be in a position where u only crack quant and nothing else — usually ppl that can pass quant interviews have the luxury of choice

scenic bison
#

always the old guys with the hats

lost current
#

hm is there a specific reason why u want to learn cpp?

#

at least for me the way i learn languages is try to make a basic project

#

and google up syntax and documentation along the way

#

gotcha

mystic coyote
#

Lmao i took os w him

#

Btw, what are the general tips for ng swe at hft? I reached hm chat for citadel last yr for internship, but my interviews were p easy ngl. J lc easy-med.

#

And like one q on os but tht was p chill too

lost current
#

it's like a computer vision library

ocean gazelle
#

Like unless you were googling every single thing it’d be fair to assume you normally create an enum with enum not enum class

#

I used learncpp and it’s also redundant if you know how to code (it’s structure is also weird bc I talks about the “wrong” way to do things then teaches you the standard way)

#

I think the best way might be reading a minimal book with examples while also doing a project?

neat junco
#

anyone did cubist onsite before?

lost current
ocean gazelle
#

this is probably the best way i could think of

#

but effective modern is good apparently

#

i havent had time to read it but its a compilation of good practices

#

esp since its easy to right non-standard code in c++

#

i doubt the certification is worth it

#

no employer would rly care, esp if u have a university education

#

also nice pfp lol

#

ofc neptune always got me

lost current
#

yeah

#

imo u dont really learn much until u build large scale

#

projects in cpp

#

i made my own version of vim and game engine using opengl kekw

#

oh gg, honestly not the worst but annoying reading sm gnu doc and looking up what each ansi escape sequence does
stuff like syntax highlighting can get bit complex but not too bad overall

#

that sounds like a cool class in hindsight granted prob not fun while making

#

lmfao i just stick with one standard unless if i have to switch just cuz im too lazy to read documentation

#

the vim one is actually not as bad as u think cuz its lowkey just googling gnu documentation and reading what each terminal escape sequence does it just takes a while to code out the logic cuz u implement a lot of things manually

#

in production code namespace is bad practice imo, that being said fine for personal projects

dry plinth
#

Did someone post a problem here earlier?

#

If I remember correctly, it was something about n balls and coloring pairs until all of them were the same color

#

Someone with a Rowlet profile pic

storm ember
#

for large cpp projects u could work on llama.cpp, tons of neat stuff to do there

tulip sapphire
hexed rock
#

its moreso reinterpret_cast, if you have to reach for it you’re probably doing something dangerous or weird

mystic coyote
quasi orbit
#

Tell him his hairline should get him cut off

broken thorn
#

whats the best way to find definitions to notation you are not used to

amber yacht
#

Which notation

broken thorn
#

S_n;n>=1

#

but this isnt a one off issue

#

i stop knowing notation far before i stop being able to understand whats going on

#

need to fix this

amber yacht
#

I think that’s just the set of sums {S1,…,Sn} or zero index it if you want to

#

Hm true idk context helps a bit for me

broken thorn
#

i think im starting to get it now

#

thanks for help, im more trying to figure out what my go-to strategy is when this happens in general

amber yacht
#

What you can try is fix n (like take S1) and then see what composes S1

#

Then you have that for n>=1 so it must be a set

weary path
broken thorn
broken thorn
amber yacht
#

Do linear first

#

It’s more mathematical maturity than what math you’re learning

#

As you do more math you’ll be able to just read it through

weary path
#

they usually contain the introduction to the notation you seem to be looking for

weary path
broken thorn
#

mathematical maturity

amber yacht
#

Take a proof based math course

#

Or read a book

#

Though the course will be more helpful

broken thorn
#

maybe i can shadow the linear algebra course this summer

#

based on this convo linalg LOL

amber yacht
#

See the DP section in particular lol

broken thorn
#

wtf is that class

amber yacht
#

dsa

broken thorn
#

it covers like 4 of my schools classes worth of material, and we are known for having few,dense classes

#

ok well more like 2ish, but npc approximations never showed up on my 2nd algos class and were just to see for fun

amber yacht
#

Sounds about right

rugged rampart
#

this seems standard for dsa course

#

well actually where is TM

broken thorn
#

1sec computer freezing

#

actually i guess this skips most of my data structures material

rugged rampart
#

no turing machines 😭

broken thorn
#

so its my schools intro algos

#

they just throw random 1 lecture stuff in we never covered like union find and hashing

broken thorn
amber yacht
#

covered in 120/121

broken thorn
#

weaht school btw

#

also what do you call what we call data structures? where you learn about linked lists, vectors, trees, and the inherent suffering in implementing them in homeworks

lost current
storm ember
#

oh yeah i was gonna share problems with you but then forgot. @broken thorn

#

every problem on it has a really disgusting bash solution and also a shortcut insight that turns it into a one liner

#

theres no solution manual. try to solve as many of them as you can, knowing that a quick solution exists for all of them

#

this trains good insight

broken thorn
#

where does this equation below come from? according to this equation

#

its saying
p_a * 83 - (1-p_a)*17 is somehow derived from E[X]*E[N]

#

oh wait

#

i think i get it now

#

no clue the intuition behind it but basically everything is a martingale according to them

#

which means it steps to 83 with prob p and to -17 with prob b

neat junco
#

yeah it's a typical martingale property

broken thorn
#

thats their definiiton i think

#

that they step like that and have EV of 0

#

not sure the second equation though. are we using E[X]*E[N] here? seems like we are not, but im not sure why they show us that in the notes section otherwise

#

unless thats used later

amber yacht
#

if you want the derivation you can unroll a recurrence

#

lol

broken thorn
#

haha

#

green book says to try it without gambler ruin, its very similar tho. i ended up figuring out first part

#

and i guess escond

#

the day someone says this in an interview i might just die then and there

tulip sapphire
broken thorn
#

correct me if im wrong but this solution seems extremely out there compared to the rest of the problems in this martingale section

#

theres zero intuition for this established in the explanation of random walk, martingale, stopping time, etc

#

am i wrong?

#

i also just have no clue how this solution works, and how reflecting paths and changing the number of +1 and -1 steps is allowed

#

oh ok i get how it works now, if it ever crosses then there is a total of n+1 steps to the left, so counting all possible n+1 to the left paths maps to the number of times the guy runs out of change

#

still think its silly they give thsi problem to me without any intuition to solve it, but i guess this is more of a problem book than a textbook anyways

#

would prefer if they keep the number of "heres a magic principle you need" solutions to a minimum so i can actually solve problems even if i havent heard of the reflection principle before

storm ember
#

see catalan numbers

#

In combinatorial mathematics, the Catalan numbers are a sequence of natural numbers that occur in various counting problems, often involving recursively defined objects. They are named after the French-Belgian mathematician Eugène Charles Catalan.
The nth Catalan number can be expressed directly in terms of the central binomial coefficients by

...

#

more insight on this particular counting phenomenon @broken thorn

#

they give 6 separate proofs

broken thorn
#

:clueless:

storm ember
#

you'd see this in a standard combinatorics or discrete math class

#

and just identify it either as catalan numbers verbatim, or pattern match the proof technique that you like the most out of the 6

broken thorn
#

for sure

#

i get a lot from doing the same problem with different techniques

runic grotto
#

Anybody have problem sets they recommend after the green book

runic grotto
#

Thanks all

neat junco
#

I think almost all math problems are some repetitive variations of these concepts

runic grotto
dry plinth
neat junco
#

How to apply certain concepts in each variation

storm ember
#

why restrict yourself to just one source. theres cool problems everywhere

storm ember
#

?

dry plinth
#

Nah the problems are too easy for Putnam

neat junco
#

I only did Putnam once in freshman

#

Absolutely hard as f

#

Spent 1.5 hrs solving problems and the rest staring at the paper

dry plinth
#

I might do it this year

storm ember
#

i did it a few times. always a persistent feeling of "couldve solved 4 more if i studied more" but studying more was largely a waste of time

dry plinth
#

I've looked at the problems, I could probably solve around 3 or 4

storm ember
#

the profs would buy us pizza and soda though so it was chill

dry plinth
#

I'm pretty bad at comp math though

neat junco
#

Yeah that’s the best part during then

storm ember
#

it was fun to just go and solve problems with pizza and soda for a whole day

#

rant with your friends after each block over which ones you got or theorycraft on the ones u didnt get

neat junco
dry plinth
#

Could just be me overestimating

storm ember
#

from the ones i linked?

dry plinth
#

Oh no not those

#

Those are easy compared to Putnam

storm ember
#

how many did u get?

dry plinth
#

Didn't count

#

Didn't work through all of them

storm ember
#

ive only done like 80% of them

#

then the others i couldnt figure out

dry plinth
#

😔

#

I'll let you know once I get home

storm ember
#

ok nice

neat junco
dry plinth
#

I'm definitely overestimating myself then

#

There's no way I'm top 300

#

I wasn't even USAMO

storm ember
#

its not that hard

#

it is when u balance ur schoolwork with it

dry plinth
#

Yeah but I don't even do problems in my free time

storm ember
#

putnam is literally during finals or right before finals though

#

4 problems is a reasonable goal to go for. theres usually 2 easy-enough problems on each part

dry plinth
#

True

#

But I've also been known to screw up easy problems

runic grotto
#

What about the second time

storm ember
#

happens

runic grotto
#

Rip

storm ember
#

i didnt know about comp math in hs so i didnt participate in that stuff

dry plinth
#

I'm probably completely out of my depth on Putnam, was barely AIME and didn't touch comp math since

storm ember
#

putnam was my first and only exposure i guess

dry plinth
#

Well yeah it's proofs and stuff

#

But I'm just not great at math

runic grotto
#

Yeah they’re very different

dry plinth
#

True

runic grotto
dry plinth
#

This is good

#

That geo was the bane of my existence

storm ember
#

on putnam-fear: i recommend not judging/filtering problems by the source. its worthwhile to just collect a big pile of problems and try them independent of its so called rated difficulty to get a feel for what problems are actually within your ability

dry plinth
#

Noted

dry plinth
#

I probably will take another look tomorrow since I've been procrastinating on homework too much

#

There's also a pretty big chance that I got some completely wrong

storm ember
#

yea nice. if anyone can figure out 5d, 15, or 20f id be interested

dry plinth
#

Oh 15 looks scary 😕

#

I'll give it a shot tomorrow, I guess

hearty onyx
#

oh wow

#

i haven't really touched contest math since covid ,,,

rose holly
#

Anyone here interview with TGS Management?

uneven crow
#

Yeah sure

stiff girder
#

which firms offer winter internships for trading or swe??

stiff girder
#

jane street lol

uneven crow
dry plinth
storm ember
#

nice. whatd u do

#

wanna dm me or post it here. up to you

#

i have bad lower bounds on 15 m x n but i feel like im missing a nice elegant trick by looking at it diagonally

dry plinth
#

So what I did was find the number of ways a number can be assigned to sets

#

I brute forced the first few cases

#

And it was Fibonacci

storm ember
#

fibonacci in n or k

#

k right

dry plinth
#

Yeah

storm ember
#

thats sick. ill try it, thx

dry plinth
#

Sure

storm ember
#

yea i got it for n=1, still need to check for larger n that it extends in a not terrible way, ill check later today

#

coolio

dry plinth
#

Well each element can only be assigned to one of the possibilities by construction, so I don't think there will be any issues for larger n

#

And proving that this number is Fibonacci also isn't too difficult

#

But I didn't feel like it

#

So the solution should just be ||F(k + 2)^n||

storm ember
#

right. nice

#

yea the fib proof is easy. im satisfied. Thx

dry plinth
#

👍

dry plinth
storm ember
#

based

dry plinth
#

You can just see it as ants passing through each other, so it's just the number of ants which are facing Alice + 1

#

So 13

#

15 still scares me, might be a bit before I try that one

storm ember
#

thats what i thought it was but couldnt convince myself it was legit. i used ants passing thru each other for all the other ones too

dry plinth
#

¯_(ツ)_/¯

storm ember
#

having a second opinion is reassuring tho

dry plinth
#

I could simulate it just to verify

storm ember
#

would appreciate

dry plinth
#

Alright, give me a bit

dry plinth
tulip sapphire
#

the 13 rounds sound painful, i cant believe they have so many, and start so early 😵‍💫

dry plinth
#

||Fibonacci strikes again||

hearty onyx
#

so i know very little about the quant world

#

when do summer 2024 internship apps drop

#

normally

stiff girder
#

when did u apply??

grizzled osprey
#

sick

#

they do want cp exp it seems

tulip sapphire
#

which role

#

im pretty sure it's custom but knowing which role would let me say fs

prisma sphinx
#

Got de shaw OA today

runic grotto
amber yacht
#

Has quant swe been out?

hushed thunder
#

Haven't really looked into quant companies but what are they looking for in the people they hire?

tidal locust
#

how long is each round lol

storm ember
#

they should just host a round robin tourney

#

every applicant dukes it out against every other applicant

dry plinth
#

That sounds fun

lost current
#

p sure recruiters r the only ppl on li for tgs

next shore
#

if im expecting to publish in the next few months (paper is currently deep in peer review/revision stage), is it worth having a bullet pt. on my resume indicating that/including a link to the paper draft for qr roles? dont have any other pubs

#

or is that weird to do

#

nope

#

hm

#

yea im not even the one writing most of it lmao its research that i did under a prof around the end of hs and then someone else continued w my work later on

#

i wont :))

chilly dagger
#

How hard is it to go from quant to SWE post grad? Have a quant internship offer for Summer 2024, but worried it won’t be a good fit for me / bad WLB

#

probably FT quant -> FT SWE

#

worried about WLB, stress, competitiveness of job

#

I have a couple trader friends that are on the verge of quitting

#

after <2 years

winged aurora
#

i think its a lot harder to pivot from traders and researchers to pivot than general swes or quant devs

#

yea researchers can probs only get into data science

#

or data related ops

#

traders would be in a tough spot

#

even for quant traders that do use programming but cuz its mainly tooling its gg be v hard

#

thats true too

#

some researchers do databse development

#

kind of like swe too but dependent on firms

#

yea exactly

#

its the same reason as why its hard for swe to pivot into quant at trading firms

#

cuz no exp

chilly dagger
#

wdym

#

Might be a stupid question but how do people do offseason

#

Take a gap semester?

tulip sapphire
lost current
#

I mean I took swe this summer over quant cuz I didn’t really have big tech internship on resume and also just cuz something is quant doesn’t mean it is necessarily good iyk what I mean

lost current
#

I feel most ppl just do cuz it pays a lot new grad at least for top firms so u can get rich quicker

#

Like being 21/22 making 300-400k+ new grad seems appealing to a lot of ppl

winged aurora
#

theres limited trading firms/funds that pay 300-400k other than the big players

#

so in many cases the compensation can be the same between big tech and normal quant firms

#

its just that in the future u can jump into the bigger players and get a bigger pay bump as comapred to staying in tech

tulip sapphire
#

i feel like this only makes sense if it was a bad quant firm

lost current
tulip sapphire
#

ah ya that's like the exact firms i expected lol

#

you wont have problems getting back into quant haha

late hedge
#

Hello guys, am a recent fresh grad with 1 YOE, SWE, working in mainly Java Backend.

Hoping to transit into a SWE in a HFT or hedge fund, quant is also ok but I think I lack the mathematical knowledge as of now.

Is there anyone here I can pm

Thank you

winged aurora
#

if its normal swe its prolly java but on a framework basis like spring boot

#

IMC focuses more on core java i think, minus the framework bloats

#

but they are quite selectice on the background

broken thorn
#

quant has great exits, no matter where u go youre working conditions get better

tulip sapphire
#

So does Headlands

#

(For QR)

#

Dev is C++

long raft
tulip sapphire
spare rover
#

Does anyone have any experience with hh from Alexander Chapman? How do they compare to TOG/GTP/similar?

tulip sapphire
#

Options group and Grep

ocean gazelle
#

did u do OA in the past

#

Ik someone who had smth similar happen to them but they got the offer the prev yr

tough sand
lost current
#

mfw nyc

ocean gazelle
#

they have onsite that they fly u for

#

i forgot what round/process some friend told me a while ago

#

swe?

#

friend was sre

acoustic sandal
#

easiest quant to get into?

lost current
#

belvedere gaps everything

#

akuna belv to the moon

lost current
#

Jordan BelveGoat

acoustic sandal
#

Janitor

#

SWE

#

What’s so easy about it

#

2sig?

scenic bison
#

hired on the spot!

#

☺️

broken thorn
#

what the h*ll is a prentiship

broken thorn
#

shut you

scenic bison
#

Hey buddy I don’t like the attitude 😠

scenic bison
#

😦

late hedge
#

Thanks mate. hmm but would u think that if I were to learn c++ probably higher chance

tulip sapphire
#

IMC is primarily java

#

so no

#

for some places like google and rentec for example, knowing C++ will def help

tulip sapphire
#

aquatic uses more C++ than python?? this is the first im hearing of that

#

SIG does that right

#

but most SWEs there j do dashboard stuff

#

interns*

#

I don’t think C++ is that meaningful plus for aquatic if you know python well

#

research eng and QR both seem to prefer python at aquatic

#

well actually idk abt research eng

#

compiler explorer is written in javascript and supports many langs

#

they have alr filled for research engineer ng ft 2024

#

like they arent taking any more applicants

#

it's kinda cooked

#

2

#

^

#

ya like filled in june for the next year is 💀

#

but that's 2 openings for you

#

yeah he likely is, im only saying j cuz he's there doenst mean the firm is cpp only

#

for qt or swe?

#

ic

#

for qt i def see that

#

i could never intern at sig, my ears would break from the yelling at the end of each day

#

usu they make you yell across trading floor to practice

#

you can DM

#

i'd never dox myself here

#

my friend said he was a quant at radix here once and he got so many DMs he had to quit discord

storm ember
#

is that all it takes

tulip sapphire
#

i mean 500k ng and being elite to like pton and top schools helps

#

they r currently beating the shit outta Tower in HFT

#

i think it's closer to ~6-7

#

surely discord bro can squeeze in

#

ah yeah youre right

#

i mean no discord bro is breaking QR

#

most hard require phd

#

wait do u have phd

#

or ru swe or qt

#

ahh

#

oh

#

nice

tulip sapphire
#

it's a reference to the twitter hackers LMAO

#

it was a meme joke after chaewon said sth to me

broken thorn
#

is evercore good for ib

tulip sapphire
storm ember
#

what does breaking qr mean

#

and isnt everyone here a discord bro

stiff girder
#

anyone working at jane street wanna give a referral??

long raft
junior lance
broken thorn
queen sorrel
queen sorrel
lost stratus
#

who is drooling over radix?

lost stratus
#

does evercore have quant or swe teams

lost current
lost stratus
broken thorn
#

for ib thats insane isnt it

#

or do most eb pay good and its just the goldman sachs jpmcs that pay 150k

#

id buy it

queen sorrel
stiff girder
#

does anyone know the process for swe internship at de shaw

lost current
#

Yeah

empty citrus
#

Does anyone have an invite to the quant discord

faint moon
#

did they create one again

#

last one was nuked

storm ember
#

oh so thats that tqd stands for

#

yea im in it

queen sorrel
junior dew
#

no u don't

warped blade
#

Hello is their any material to learn quant as a beginner

obsidian flare
#

phd in stats

charred dock
#

I have books in mind but they require a strong math background

rugged rampart
charred dock
#

me too

#

rip

lost current
charred dock
#

Thanks for the resources.

#

But yeah plenty of other quant books if you have the background

#

This also seemed like a good place to get a cursory glance at some the concepts.

winged aurora
#

anybody beard of macquarie group? they do mainly do commotidy trading

uncut steeple
#

I thought it's an aus boutique IB?

warped blade
warped blade
untold mulch
#

i have one question and one question alone

#

im currently planning on doing CS+Math at ASU (inco freshmen), and considering that its both a non-target and in a location far from most quant firms to my knowledge, what is the best way to network and build my skills/quals to balance those 2 disadvantages out

#

I live in SoCal so during Winter/Summer periods i'm able to peek around here but outside of TGS i don't think there's any major firms here

#

no im a god

#

yea ik

#

ig but w non-target having ways of hooking outside of just quals would be useful no

#

referalls, info on job opps, general sources for info and advice

#

the great community on cscareers.dev shat on me for having a 1500 and not a 1600 sat

#

/s

#

but i like having irl connections

#

no doubt, but the skill bar to get to that scares me

#

got 4 years to get to that point luckily

#

Ic

#

Yea trading or dev is my goal

fringe flint
#

It’s my dream job too but from asu is too unrealistic to get straight out of college

untold mulch
fringe flint
#

SWE In faang from asu is already 1%

untold mulch
fringe flint
#

What I did was I created my own trading software, I have ~30% return from it over a year

untold mulch
#

oh nice

untold mulch
#

ah

fringe flint
#

Which is a pretty crappy faang

#

Microsoft apple Netflix etc are 1% or lower I’d say

untold mulch
#

ic

#

i got a referral from Micro which helps me get to an interview at leasr

fringe flint
#

Yeah referral is only way

#

Citadel gives OA to everyone but interview process impossible

untold mulch
#

ic

fringe flint
#

I got their OA as a freshman

untold mulch
#

since my cousin basically hopped from Micro to AMZ

fringe flint
#

Hmm that’s weird

untold mulch
#

iirc its becuase they wanted him to go to seattle

#

but still

fringe flint
#

Could be an office change or a promotion or a good team

untold mulch
#

yea

fringe flint
#

Good Amazon team > shit Microsoft team

#

Any day

untold mulch
#

oh yea 100%

#

what makes amz crappy btw

#

j pay/work conditions or

fringe flint
#

Long hours for lower pay

untold mulch
#

ah icic

fringe flint
#

They hire 6 trillion engineers for no reason lol

untold mulch
#

lmfao yea

#

also when should I start going for internships, Im going to take some 200 lvl courses this year but not sure if i'd have enough exp to acc be qualified for soph internships year 1

#

def, for me at least that rank is more for comparing offers, a job in my field is a job in my field

fringe flint
#

I only know 4 people at asu who got internship freshman year

untold mulch
#

hmm

#

ye

untold mulch
#

and most of my accelerated courses are alr full

fringe flint
#

Profs kinda useless, spam email your uncles and dads friends instead

untold mulch
fringe flint
#

Dads friends are OP

untold mulch
#

like rn all my non-first year courses i can't reg in till my Calc BC credit comes

#

and they've alr filled bc of that

untold mulch
#

so he's more my source for projs

#

still good tho

#

yea ik but to one degree i want to make sure i have my bases covered

#

and on the other hand worrying will keep me in check lol

tulip sapphire
#

W

lost current
fringe flint
untold mulch
#

A good one

lost current
#

oh some kid that used to go to georgia tech and worked with career center for mentorship program showed us this

untold mulch
#

i wouldnt know

lost stratus
neat junco
#

Does cubist call to reject

#

For pm team process

winged aurora
#

no

neat junco
quasi orbit
#

if an interivewer lets u pick any language for an interview, do they dislike it if you pick python (esp for quant companies)

tulip sapphire
#

cg if so!

long raft
neat junco
neat junco
neat junco
lost current
#

idea is more important

#

than language chosen

winged aurora
#

like optiver, HRT etc

#

cuz in a lot of these firms the fresh grads go through a training phase to get up to speed with c++ cuz its not hard to get started when u are technically inclined

dry plinth
#

Languages are trivial to learn so these firms really have no reason to care

#

On the other hand, problem solving skills are not trivial to learn

tulip sapphire
rose holly
#

They do enforce language

tulip sapphire
cyan sparrow
#

:pandayay:

dry plinth
#

I could also be wrong

tulip sapphire
#

I mean firms (Like rentec, ansatz, headlands, radix, etc) who want performant standard compliant cpp exist

#

That definitely cannot be done on the job and they will ask you about cpp internals

#

You will not pass unless you know cpp very well

dry plinth
#

I see

lyric loom
#

dn

ocean gazelle
#

hows ur headlands process going rn

lost current
#

U going new grad?

winged aurora
#

maybe its not standardized

#

headlands is pretty interesting, i know a senior who pivoted to headlands after working at an SEA ecommerce firm for about 2 years after grad

#

she picked up C++ along the way

tulip sapphire
#

Core SWEs write the most cpp

#

(Usually)

charred dock
# warped blade Will enjoy it for sure

Yeah, so there are a bunch. I think they are mostly theory though. Based on what I've read, most quant firms don't even care if you have a background in finance.

#

But there are some that I've been meaning to go through

#

If you are interested in this sort of theory, courses like linear algebra, probability theory, and basic stochastic processes are probably a good foundation.

#

idk I'm not an expert though. Don't trust my recs too much tbh.

ocean gazelle
#

I’ll dm u abt it 1 sec

neat junco
#

but depending on roles i think

#

algo eng/algo dev should be fine

storm ember
#

do u have to do hard leetcode type problems before getting to the fun riddles in interviews or do some places let u just do math problems

#

can i just have someone else do mine for me. will they quiz me on it later

#

idc about coding i just wanna solve fun problems

#

oh idc about quant i was just gonna apply for fun

#

i have no real stake in the process

#

yea those are fun ive done a few

#

the monthly ones right

#

they have a dedicated puzzlemaster role it's pretty cute

#

making puzzles

#

well some of them are just like solving a system of 20 equations and you can do it by hand but its pretty cringe to do so

#

the sudoku variants are nice to do on public transpo

#

what math u wanna study

winged aurora
#

interviewer asked which language I prefer

rose holly
#

HRT = CRUD

neat junco
#

In turn some dude was asking some of my preferences

#

Sounds like a brief catch-up after onsite

long raft
tough sand
#

How hard are lc type interviews at hft firms in general for SWE roles? Do they mostly put emphasis on class design type problems/OS/networks or do they also ask harder lc concepts like DP? Grinding LC rn and reviewing cpp, os, networks concepts so not sure whether to go full on hardcore on LC

neat junco
neat junco
#

Does gpa matter less if one has hft intern/ft experience?

tulip sapphire
#

I guess you haven’t seen Reddit

uncut steeple
#

qt sequence from oa:

#

can't figure these out

dry plinth
#

y coordinates of integer x coordinates of the following functions, assuming the first term starts at x = 1:
y = -(71 x^5)/720 + (89 x^4)/48 - (1891 x^3)/144 + (677 x^2)/16 - (21157 x)/360 + 179/6
y = -(39 x^5)/400 + (271 x^4)/160 - (3971 x^3)/360 + (3187 x^2)/96 - (162949 x)/3600 + 221/10

(Probably not what they were looking for?)

#

It's simple linear algebra

dry plinth
#

Well it's just a system of linear equations

#

For the first one:

  • a(1)^5 + b(1)^4 + c(1)^3 + d(1)^2 + e(1) + f = 2
  • a(2)^5 + b(2)^4 + c(2)^3 + d(2)^2 + e(2) + f = 3
  • a(3)^5 + b(3)^4 + c(3)^3 + d(3)^2 + e(3) + f = 6
  • a(4)^5 + b(4)^4 + c(4)^3 + d(4)^2 + e(4) + f = 5
  • a(5)^5 + b(5)^4 + c(5)^3 + d(5)^2 + e(5) + f = 3
  • a(6)^5 + b(6)^4 + c(6)^3 + d(6)^2 + e(6) + f = 1/6
#

So you could use something like Gaussian elimination

uncut steeple
#

that's interesting

#

18 actually makes sense for the first

dry plinth
#

😂

uncut steeple
#

if it's not too much can you try for

summer stratus
#

looks like 1/2?

uncut steeple
#

for the polynomial curve fitting

#

also ans is not 1/2 I believe

dry plinth
#

It looks like 5/8, I'll do the polynomial thing though

summer stratus
dry plinth
#

(3 + x) / (2 + 2x)

summer stratus
#

is it an mcq type oa? @uncut steeple

uncut steeple
#

yes

uncut steeple
dry plinth
#

Nope

#

I'm fitting it now though

summer stratus
#

checks out

#

woah thats pree fast

dry plinth
#

Yeah fitting doesn't get 5/8

uncut steeple
#

D:

summer stratus
#

what's fitting?

dry plinth
#

Just using linear algebra to find a polynomial which passes through certain points in this case

summer stratus
#

ah

dry plinth
uncut steeple
#

hm

dry plinth
#

What are the choices?

uncut steeple
#

I didn't write it down

dry plinth
#

Ah rip

uncut steeple
#

but its 5/8

dry plinth
#

I meant for the other two

uncut steeple
#

oh

#

yeah don't havve

dry plinth
#

😦

winged aurora
#

anybody know if maven securities Chicago office is good

mint blaze
#

how did you guys learn the sequence stuff?

neat junco
#

they really have a passion in template stuff

dry plinth
storm ember
#

these sequences look dumb as hell

#

i got these questions in grade 2

#

whats the point. you can fit them to anything you want

uncut steeple
dry plinth
storm ember
#

😂

storm ember
dry plinth
storm ember
#

its more obvious when you put them under a common denominator

dry plinth
#

I was only really looking at the first and assumed the second would be something stupid

tulip sapphire
neat junco
#

Especially

tulip sapphire
#

based

tulip sapphire
broken thorn
dry plinth
#

Ideally some coefficients turn out to be 0

#

Otherwise it's almost certainly overfitting and non-polynomial

storm ember
dry plinth
#

It'd solve stuff like 1, 4, 9, 16 without any issues, but it just overfits on others

storm ember
#

it specifically fits to a uniue polynomial of degree n-1, where you have n terms given

#

chances are this in fact not what they're looking for

dry plinth
#

I.e. the next value can be whatever you want

broken thorn
#

yeye u can fit anything with anything

#

i dont think the questions are completely arbitrary tho cuz its assumed the most clean answer is prob correct

#

u can also argue almost any answer is correct on those iq test matrices too if u make up convoluted rules for them

magic swan
#

you can argue that any answer is correct, intended is to find some rule like rotations or flips but you can also define rules by a sequence

rose holly
#

Why does these companies have 10+ rounds of interviews 🙃